there’s a really big problem and again we can talk all day about covid but the reality is is what does it mean for markets i thought interesting you know i’ve been looking as most people know um i’ve been looking at three phases to this whole event one was the panic phase into march then there was the hope phase which we’re arguably still in now and then there is the insolvency phase which is when the economic reality of a slow economy for at least another year maybe 18 months comes through and companies start defaulting so we’re seeing companies defaulting